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REGISTERED NUMBER: 03873757 (England and Wales)















Unaudited Financial Statements for the Year Ended 24 June 2023

for

Tower Walk Residents Association Limited

Tower Walk Residents Association Limited (Registered number: 03873757)






Contents of the Financial Statements
for the Year Ended 24 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

Tower Walk Residents Association Limited

Company Information
for the Year Ended 24 June 2023







DIRECTORS: L M Jasper
L Heron
W H Smith
B Baral
V K Kalia





SECRETARY: Alliance Managing Agents Ltd





REGISTERED OFFICE: c/o Alliance Managing Agents Ltd
6 Cochrane House
Admirals Way
Canary Wharf
London
E14 9UD





REGISTERED NUMBER: 03873757 (England and Wales)





ACCOUNTANTS: Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

Tower Walk Residents Association Limited (Registered number: 03873757)

Balance Sheet
24 June 2023

24/6/23 24/6/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,000 30,000

CURRENT ASSETS
Debtors 5 1,842 2,102
Cash at bank 6,952 5,452
8,794 7,554
CREDITORS
Amounts falling due within one year 6 1,066 877
NET CURRENT ASSETS 7,728 6,677
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,728

36,677

RESERVES
Revaluation reserve 7 30,000 30,000
Profit & loss account 7,728 6,677
37,728 36,677

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 March 2024 and were signed on its behalf by:





L M Jasper - Director


Tower Walk Residents Association Limited (Registered number: 03873757)

Notes to the Financial Statements
for the Year Ended 24 June 2023

1. STATUTORY INFORMATION

Tower Walk Residents Association Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the total value of ground rents contributed by residents in respect of ground rent expenditure incurred during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Freehold land - no depreciation provided

Freehold buildings - no depreciation is provided as the buildings are regularly maintained

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 25 June 2022
and 24 June 2023 30,000
NET BOOK VALUE
At 24 June 2023 30,000
At 24 June 2022 30,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
24/6/23 24/6/22
£    £   
Other debtors 1,842 2,102

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
24/6/23 24/6/22
£    £   
Taxation and social security 806 517
Other creditors 260 360
1,066 877

Tower Walk Residents Association Limited (Registered number: 03873757)

Notes to the Financial Statements - continued
for the Year Ended 24 June 2023

7. RESERVES
Revaluation
reserve
£   
At 25 June 2022
and 24 June 2023 30,000

8. ULTIMATE CONTROLLING PARTY

The company has no ultimate controlling party.

9. SHARE CAPITAL

This company is limited by guarantee, with no share capital.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Tower Walk Residents Association Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tower Walk Residents Association Limited for the year ended 24 June 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Tower Walk Residents Association Limited, as a body, in accordance with the terms of our engagement letter dated 6 May 2015. Our work has been undertaken solely to prepare for your approval the financial statements of Tower Walk Residents Association Limited and state those matters that we have agreed to state to the Board of Directors of Tower Walk Residents Association Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tower Walk Residents Association Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Tower Walk Residents Association Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Tower Walk Residents Association Limited. You consider that Tower Walk Residents Association Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Tower Walk Residents Association Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE


20 March 2024